Specific Performance and Damages Sample Clauses

Specific Performance and Damages. Each Party acknowledges and agrees that the breach of this Agreement would cause irreparable damage to the other Parties and that the other Parties may not have an adequate remedy at Applicable Law. Therefore, the obligations of each Party under this Agreement shall be enforceable by a decree of specific performance issued, and appropriate injunctive relief may be applied for and granted in connection therewith. Such remedies shall, however, be cumulative and not exclusive and shall be in addition to any other remedies which any Party may have under this Agreement or otherwise.
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Specific Performance and Damages. Employee acknowledges that, in the event of a breach of this Agreement, the Company and/or its customers will suffer immediate and irreparable injury such that no remedy at law will afford the Company adequate protection against or appropriate compensation for such an injury. Accordingly, Employee agrees, that in addition to any remedy at law to which the Company may be entitled for a breach of this Agreement, the Company shall also be entitled to specific performance of Employee’s obligations under this Agreement as well as injunctive relief without the posting of any bond, such as may be granted by a Court with competent jurisdiction. Employee waives any right Employee may have to assert in any such proceeding that the Company had an adequate remedy at law. Employee further agrees and understands that the Court may order reimbursement to the Company of its reasonable and necessary attorneys’ fees for the enforcement of this Agreement. The obligations of this Agreement shall survive termination of Employee’s employment with the Company.
Specific Performance and Damages. Seller acknowledges and agrees that, if Seller fails to proceed with the Closing in any circumstance other than those described in clauses (a), (b), (d) or (e) of Section 7.2 below, Buyer will not have adequate remedies at law with respect to such breach and that, in such event, Buyer shall be entitled, without the necessity or obligation of posting a bond or other security, to commence a suit in equity to obtain specific performance of Seller's obligations under this Agreement. Seller and Partners specifically affirm the appropriateness of such injunctive or other equitable relief in any such action. Buyer and Premier acknowledge and agree that, if Buyer fails to proceed with the Closing in any circumstance other than those described in clauses (a), (c), (d) or (e) of Section 7.2 below, Seller shall have recourse at law to a claim for damages against Buyer.
Specific Performance and Damages. The parties acknowledge and agree that breach by the Executive of the restrictions contained in Sections 4.2 and 4.3 above would cause irreparable damage to the Company and that monetary damages alone would not provide the Company with an adequate remedy for such breach. Therefore, if any controversy arises concerning the rights or obligations hereunder, such rights or obligations shall be specifically enforced by an injunction or order issued by a court of competent jurisdiction without any requirement for the posting of a bond. Such remedy, however, shall be cumulative and nonexclusive and shall be in addition to any other remedy to which the Company may be entitled.
Specific Performance and Damages. The parties acknowledge and agree that breach by Executive of the restrictions contained in this Section 8 above would cause irreparable damage to BMIC and that monetary damages alone would not provide

Related to Specific Performance and Damages

  • Specific Performance The parties agree that irreparable damage would occur if any provision of this Agreement were not performed in accordance with the terms hereof and that the parties shall be entitled to specific performance of the terms hereof, in addition to any other remedy to which they are entitled at law or in equity.

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